Jeffrey's Articles

Jeffrey Steele is an independent writer in Chicago who has written over 2,000 articles appearing in publications such as Barron's, Boston Globe, Chicago Sun-Times, LA Times, and more.

I Was the Victim of a Financial Bully

Written by Jeffrey Steele - 3 Comments

These days, there’s a lot of attention being focused on the subject of bullying. This emphasis is well justified. The whole bullying experience tends to be destructive and wreak long-term consequences. As one who was, at times, both bullied and a bully as a kid, I can testify that while I have almost repressed the [...]

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Published on August 27th, 2014
Modified on August 26th, 2014 - 3 Comments
Filed under: Family & Life
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New Businesses Foreordained to Failure

Written by Jeffrey Steele - One Comment

In this rapidly changing world, it’s comforting to know that some things never change. They are as immutable as the Rock of Gibraltar, as permanent as the sands of the Mojave, and as unalterable as the seven seas and stars above.
Want an example? Try new business failure rates. The percentage of new businesses that go [...]

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Published on August 13th, 2014 - One Comment
Filed under: Working
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20/20 Vision on 20-Something Investing

Written by Jeffrey Steele - One Comment

About 35 years ago, when I was new to the corporate world and fired with ambition, but not the least bit fired-up about staying with my big corporate employer, I had a series of bewildering conversations with colleagues, many even younger than I.
See, the place where I worked had long been the number one name [...]

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Published on July 30th, 2014 - One Comment
Filed under: Planning, Retirement, Saving & Investing
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Silence Not Golden in Intergenerational Family Finance

Written by Jeffrey Steele - One Comment

The last time I ran into one of my favorite cousins, the conversation soon turned to which far-flung family members she had recently heard from. She divulged she hadn’t yet heard from my youngest cousin, her younger brother, about his recent trip to Southwest Michigan. That was not new, as she’d called another of my [...]

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Published on July 16th, 2014 - One Comment
Filed under: Family & Life, Insurance, Retirement, Saving & Investing
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A Pearl of Wisdom About the Burden of Wealth

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I don’t know how the reading list looked in your high school English classes. But in mine, the teachers clearly believed we kids should absorb books that achieved, to quote Woody Allen, “total heaviosity.” These serious message novels were chosen to shake us out of our suburban-bred complacent lethargy. They were profound. They were penetrating. [...]

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Published on July 2nd, 2014
Modified on June 27th, 2014 - Leave a Comment
Filed under: Planning, Retirement
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Don’t look a gift employer in the mouth

Written by Jeffrey Steele - 3 Comments

Even if you’re not a news junkie like me, I’d be willing to bet that you’ve seen or heard one news item ad infinitum over the past several years. That nugget is the story about Americans’ retirement readiness, or lack thereof. We are endlessly informed by the media that we’re not ready to retire — [...]

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Published on June 18th, 2014
Modified on June 16th, 2014 - 3 Comments
Filed under: Retirement, Saving & Investing
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Sensational Way to Triumph in Negotiations

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Before reading this post, please grab a steaming cup of coffee, and recline in the most comfortable chair you can find. If one is near, lift a warm puppy to your lap and stroke the soft, furry pet as you read. All set? Proceed.
When professor and author Thalma Lobel was ready to finalize the sale [...]

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Published on June 4th, 2014
Modified on May 29th, 2014 - Leave a Comment
Filed under: Miscellany, Working
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Speaking Well of the Dearly Departed: You

Written by Jeffrey Steele - 2 Comments

If you’re like me, you hold the firm belief that a personal finance site like the one you’re currently visiting should occasionally offer more than the usual advice.
Oh, it’s fine if these posts primarily advance ways to track down the best savings account, how to save on life insurance or find the best zero percent [...]

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Published on May 21st, 2014 - 2 Comments
Filed under: Family & Life, Insurance, Planning
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Wills that leave values, not valuables

Written by Jeffrey Steele - One Comment

You’re accustomed to seeing personal-finance articles on this site, and a quick scan of the archives will reveal every imaginable personal-finance subject.
You’ll find blogs about the best zero-percent-APR credit cards and how to track down the best high-yield savings accounts. You’ll spot posts on financial plans and funding home purchases and college educations. And you’ll [...]

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Published on May 7th, 2014 - One Comment
Filed under: Family & Life, Planning
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Enter a new chapter in personal finance success

Written by Jeffrey Steele - Leave a Comment

One of the telltale signs you’re rapidly becoming an annoying elder statesman is an increasing tendency to buttonhole much younger people and dispense advice they haven’t sought, don’t want and are unlikely to take to heart.
You know the kind of guidance I’m talking about. Always eat your green vegetables. Exercise regularly. Look both ways before [...]

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Published on April 23rd, 2014
Modified on April 18th, 2014 - Leave a Comment
Filed under: Retirement, Reviews, Saving & Investing
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